Used in the synthesis of pharmaceutical intermediates, particularly in the development of compounds with potential anti-inflammatory and antioxidant properties. It serves as a building block in organic reactions to create more complex heterocyclic structures. Commonly employed in research settings for drug discovery and in the preparation of bioactive molecules targeting neurological and metabolic disorders. Also utilized in the fragrance industry due to its aromatic characteristics, contributing to the formulation of specialty perfumes and flavoring agents.